Basic Information
- MLS # A11801215
- Type Multi Family
- Status Active
- Year Built 1956
- Total Size 20,970 Sq.Ft / 0.48 Acre
- Date Listed 05/14/2025
- Days on Market
Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description Assigned
- Roof Description Built Up
- Style Multi Family
Interior Features
- Adjusted Sqft 0.48 AcreSq.Ft
- Cooling Description Wall Window Units
- Floor Description Tile, Vinyl
- Heating Description Window Unit, Wall Furnace
- Sqft 0.48 Acre Sq.Ft
Property Features
- Address 2414 Johnson St #1-17
- Aprox. Lot Size 20,970
- City Hollywood
- Construction Materials Block
- County Broward
- Furnished Info no
- Levels Two
- Listing Terms Cash, Conventional, Other
- Occupant Type Tenant
- Parking Features Assigned
- Postal City Hollywood
- Public Survey Section Two
- Roof Built Up
- Sewer Description Public Sewer
- Stories 2
- Subdivision Complex
- Subdivision Info
- Tax Amount $59,457
- Tax Legal desc H O L L Y W O O D L I T T L E R A N C H E S1-26 B L O T29 B L K13
- Tax Year 0
- Terms Considered Cash, Conventional, Other
- Type of Property Multi Family
- Water Source Public
2414 Johnson St #1-17
Hollywood, FL 33020Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 954-743-7594
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